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Navistar completed the acquisition of the property in San Antonio.

Synopsis

Navistar, a manufacturer and distributor of medium and heavy trucks, school buses, mid-range diesel engines, and service parts, completed the acquisition of the property in San Antonio. The new property will house a state-of-the-art truck validation center to test and validate components of the company's growing electric truck business, and a truck specialty center to provide post-production customization of vehicles to support customers' business needs. "We're increasing our investment in San Antonio because local and state leaders have created a business climate that supports manufacturing innovation and has attracted a talented workforce. Our Navistar 4.0 growth strategy is on track, and our new investment in San Antonio is another important step that will enable us to create a competitive advantage in the technology space," Persio Lisboa, Navistar President and CEO.

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